Armed robbers have raided the house of a British virtual currency trader

[Moiyah]

I believe, that Turkish exchange owner had known by any person and that behind robbery scene was acquintance by the family. I maybe wrong and it is hard to just conclude something but there are instances that it it possible for an acquintance to be the main suspect. However, there are also some news regarding kidnapping and robbery in other areas involving bitcoin as their interest.

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[gabmen]

3 months ago, one of the biggest Turkish exchange owner had kidnapped and forced to give private key of the cold wallet. Kidnappers stole 150 BTC. So this news is not the first physically stolen Bitcoins via force. I am sure there were some other robberies too.

Yep, kidnapping in order to knock out private keys is a very common practice nowadays. It has happened before, it'll happen again.

Yeah and that's unfortunate but i don't think that'll likely happen to normal traders like us since it would have to be really random for these criminals to pinpoint our identity. Owners of exchanges can have their information posted so they'll really be targets

[hygroscopicgymnasiumd]

the first query that arises now is that, where he kept the bitcoins in? In his device or any hardware or paper wallet?

[clickerz]

3 months ago, one of the biggest Turkish exchange owner had kidnapped and forced to give private key of the cold wallet. Kidnappers stole 150 BTC. So this news is not the first physically stolen Bitcoins via force. I am sure there were some other robberies too.

Yep, kidnapping in order to knock out private keys is a very common practice nowadays. It has happened before, it'll happen again.

This is alarming among crypto supporters as most early adopter of thos blockchain technolohy creates more millionaires.As an addotional advise it is not good to display your gain on trades on your social media accounts so that it will not attract others to harm you.

[DiabolicAnt]

Well, that's kind of an obvious situation. Money likes silence.

[lastnumber]

It is not difficult to determine the identity of the bandit. If the cyber trader is anonymous, only disclose information to the people in the group or to people he or she knows about, then the bandit is someone who has done business with this person, or may be an acquaintance. know. If everything is random, the bandit does not know that this is a virtual currency dealer, this is a blessing for him, because his valuable assets may not be in the house. which is located in the electronic wallet. But it is best to secure yourself with security measures, especially when you have a lot of assets.

[lastnumber]

Well, that's kind of an obvious situation. Money likes silence.

The English proverb says: silence is gold. In this case it is absolutely true. Be simple and careful in your own way, because you can be the focus of the bad guys. Either you do not show that you have money, or that you have to have protection if you are really rich. Very good money, but sometimes very annoying.

[yesyes18]

Wow! this means we should be very careful with the kind of people we talk to about our crypto wealth. If you get attacked, you cannot say that you don't know your password, they'll definitely kill you. We really need to stay anonymous for our own safety.

[Muhammad Muneeb]

Armed robbers have raided the house of a British virtual currency trader, forcing him to transfer Bitcoins after tying up his wife and threatening him with a gun, British media reported on Monday.

The robbery happened on January 22 at the couple's home in the village of Moulsford in southeast England, according to the Daily Mail, which said the cryptocurrency crime was the first of its kind.

Four robbers wearing balaclavas broke into the house of Danny Aston, 30, and his wife Amy Jay, 31.

A Thames Valley Police spokesman quoted by the Daily Telegraph said only that police were investigating an "aggravated burglary" in Moulsford last week and that the occupants of the house had been "threatened".

According to company registry records, Aston and Jay are directors of Aston Digital Currencies, which specialises in managing virtual currency portfolios.

The company was created in June 2017 at a time when Bitcoin was trading at around 2,500 euros.

It has since risen sharply to a peak of 16,323 euros on December 17 before falling back below 10,000 euros.

No arrests have been made but the reports said that Aston may have been targeted because of his high profile in the cryptocurrency community.

Using a pseudonym, Aston has carried out more than 100,000 transactions with 16,375 partners.

Some of them referred to him online using his real name, which may have led robbers directly to him.

Bitcoin is a virtual currency created from computer code that allows anonymous transactions. Unlike a real-world unit such as the US dollar or euro, it has no central bank and is not backed by any government.

https://hedgeaccordingly.com/2018/01/armed-robbers-have-raided-the-house-of-a-british-virtual-currency-trader.html

Better source if anyone wants it:  http://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/

No mention of how many BTC was stolen. Apparently this is the first case of bitcoin being physically stolen via force in history. It will be interesting to see if the BTC is recovered. Also interesting: thieves were armed with a gun. The article mentions the person robbed carrying out more than 100,000 bitcoin transactions! That's a lot of transfer fees!

I feel like there's an interesting and important angle to this news story that I'm missing. If someone can spot it, please point it out to me!

On the positive side, its good no one got hurt. Does anyone think he'll have his funds returned by law enforcement?

woah thanks for the warning though and i live in such a country where i can be killed for owning the crypto and agencies will put me behind the bars.

[nightxglow]

This is so freaking scary. I don't even know that i can be robbed for cryptocurrency. I think they will only after real money, gold, or valuable things in the house.
The only way to be robbed is by hacking into my wallet, but wow, see that, they even have gun with them.
I think it's bad to show that we have many crypto with us, since it can attract criminals like them. I hope that never happen again, i feel bad for him. It's really a very big amount, even i can't imagine about that.
What kind of safety can we use if things like this happen though. Feel like nothing is safe anymore in this world.